Republic gains $2, leads T&T Exchange


Massy Holdings led trading on the Trinidad and Tobago Stock Exchange on Wednesday, taking 32.5 percent of the volume of stocks traded as Republic Financial climbed $2 to lead the market. Trading finished with a 41 percent drop in the volume traded, while the value jumped 200 percent over that on Tuesday. The market closed with an exchange of 17 securities, down from 23 on Tuesday and ended with the prices of three stocks rising, five declining and nine ending firm.

The market closed with trading of 226,906 shares for $7,360,981, with the volume declining from 385,821 stock units, while the value climbed over $2,456,283 on Tuesday.
An average of 13,347 shares were traded at $432,999 compared to 16,775 stock units at $106,795 on Tuesday. Trading for the month to date averages 11,645 shares at $136,575 compared with 11,558 units at $121,488 on the previous day and an average for October of 34,584 shares at $266,203.
The Composite Index dropped 2.62 points to 947.64, the All T&T Index shed 5.43 points to end at 1,369.80, the SME Index remained at 96.18 and the Cross-Listed Index rallied 0.06 points to 69.38.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the conclusion of trading, on Wednesday, Agostini ended at $62.40 with 75 shares passing through the market, Ansa McAl closed at $43.50 after trading of 2,220 stock units, AS Bryden declined by 13 cents to $1.85 with 2,853 shares crossing the exchange. CIBC Caribbean Bank ended at $8.30 after trading of 17,623 units, First Citizens Group gained 75 cents to finish at $35 as investors exchanged 2,530 stocks, Guardian Holdings remained at $14.45 with 827 shares crossing the market. JMMB Group dipped 4 cents to 76 cents in an exchange of 3,478 stocks, Massy Holdings remained at $3.60 with investors trading 66,871 shares, Medcorp ended at $48 after traders cleared the market of a mere 2 stock units. National Flour Mills ended at $1.50 with investors dealing in 5,074 shares, Point Lisas remained at $4 after a transfer of 542 units, Prestige Holdings popped 48 cents and ended at $14 with investors trading 250 stocks. Republic Financial rallied $2 to $104 after an exchange of 38,699 stock units, Scotiabank fell 44 cents to finish at $44.85 with investors swapping 45,765 shares, Trinidad & Tobago NGL slipped 3 cents and ended at $2.92 after an exchange of 934 units. Unilever Caribbean ended at $18 with 36,571 stocks crossing the market and West Indian Tobacco lost 15 cents to close at $2.85 with a transfer of 2,592 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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